Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, Missouri, and Minnesota. The company offers lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset-based lending and equipment finance, loan syndications products, residential mortgages, home equity loans and lines of credit, personal and installment loans, auto finance and business loans, and business lines of credit. It also provides deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; specialized financial services comprising interest rate risk management and foreign exchange solutions; fiduciary services consisting of administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services; and investable funds solutions, including savings, money market deposit accounts, IRA accounts, CDs, fixed and variable annuities, full-service, discount, and online investment brokerage; investment advisory services; and trust and investment management accounts. In addition, the company offers deposit and transactional solutions, including checking, credit and debit cards, online banking and bill pay, and money transfer services. The company operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio, and Texas. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
Strategic Shift | Explore Associated Banc-Corp's recent balance sheet restructuring, including portfolio sales and borrowing pay-downs, aimed at boosting margin and revenue |
Capital Fortification | Learn how ASB's $300 million stock raise improved its CET1 ratio to 10.7%, strengthening its financial foundation for future growth initiatives |
Growth Trajectory | Delve into ASB's organic loan growth outlook of 5-6% for 2025 and its potential impact on long-term performance and market positioning |
Analyst Perspectives | Discover varied analyst price targets for ASB, ranging from $24 to $28, reflecting diverse views on the bank's strategic moves and growth potential |
Metrics to compare | ASB | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipASBPeersSector | |
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P/E Ratio | 32.2x | 14.8x | 9.7x | |
PEG Ratio | −1.95 | −0.79 | 0.03 | |
Price/Book | 0.9x | 0.8x | 1.0x | |
Price / LTM Sales | 4.3x | 3.6x | 2.9x | |
Upside (Analyst Target) | 4.8% | 8.3% | 9.0% | |
Fair Value Upside | Unlock | −4.8% | 1.3% | Unlock |